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Simplify Gamma Emerging Market Bond ETF (GAEM)
Performance
Return for Risk
Dividends
Drawdowns
Volatility

ETF Info

ISIN
US82889N4593
CUSIP
82889N459
Issuer
Simplify
Inception Date
Aug 12, 2024
Leveraged
1x (No leverage)
Index Tracked
No Index (Active)
Domicile
United States
Distribution Policy
Distributing
Asset Class
Bond

Share Price Chart


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Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Simplify Gamma Emerging Market Bond ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


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S&P 500 Index

Returns By Period

Simplify Gamma Emerging Market Bond ETF (GAEM) has returned -1.25% so far this year and 9.73% over the past 12 months.


Simplify Gamma Emerging Market Bond ETF

1D
0.58%
1M
-2.64%
YTD
-1.25%
6M
1.75%
1Y
9.73%
3Y*
5Y*
10Y*

Benchmark (S&P 500 Index)

1D
2.91%
1M
-5.09%
YTD
-4.63%
6M
-2.39%
1Y
16.33%
3Y*
16.69%
5Y*
10.18%
10Y*
12.16%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since Aug 13, 2024, GAEM's average daily return is +0.04%, while the average monthly return is +0.76%. At this rate, your investment would double in approximately 7.6 years.

Historically, 80% of months were positive and 20% were negative. The best month was Nov 2024 with a return of +2.3%, while the worst month was Mar 2026 at -2.6%. The longest winning streak lasted 11 consecutive months, and the longest losing streak was 1 months.

On a daily basis, GAEM closed higher 53% of trading days. The best single day was Apr 9, 2025 with a return of +1.8%, while the worst single day was Apr 10, 2025 at -1.2%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20260.97%0.45%-2.64%-1.25%
20251.04%1.82%-0.67%0.41%0.80%2.05%1.11%1.87%1.37%1.31%0.07%1.63%13.55%
20240.85%1.88%-0.17%2.26%-1.12%3.72%

Benchmark Metrics

Simplify Gamma Emerging Market Bond ETF has an annualized alpha of 7.24%, beta of 0.19, and R² of 0.44 versus S&P 500 Index. Calculated based on daily prices since August 14, 2024.

  • This ETF participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (38.40%) than losses (2.34%) — typical of diversified or defensive assets.
  • Beta of 0.19 may look defensive, but with R² of 0.44 this ETF is largely uncorrelated with S&P 500 Index — low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
  • R² of 0.44 means the benchmark explains less than half of this ETF's behavior — treat beta with caution or consider switching to a more representative benchmark.

Alpha
7.24%
Beta
0.19
0.44
Upside Capture
38.40%
Downside Capture
2.34%

Expense Ratio

GAEM has an expense ratio of 0.76%, placing it in the medium range.


Return for Risk

Risk / Return Rank

GAEM ranks 88 for risk / return — in the top 88% of ETFs on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.


GAEM Risk / Return Rank: 8888
Overall Rank
GAEM Sharpe Ratio Rank: 8686
Sharpe Ratio Rank
GAEM Sortino Ratio Rank: 9191
Sortino Ratio Rank
GAEM Omega Ratio Rank: 8787
Omega Ratio Rank
GAEM Calmar Ratio Rank: 8787
Calmar Ratio Rank
GAEM Martin Ratio Rank: 9090
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for Simplify Gamma Emerging Market Bond ETF (GAEM) and compare them to a chosen benchmark (S&P 500 Index).


GAEMBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

1.78

0.90

+0.88

Sortino ratio

Return per unit of downside risk

2.67

1.39

+1.29

Omega ratio

Gain probability vs. loss probability

1.36

1.21

+0.15

Calmar ratio

Return relative to maximum drawdown

2.79

1.40

+1.39

Martin ratio

Return relative to average drawdown

11.88

6.61

+5.27

Explore GAEM risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

Dividends

Dividend History

Simplify Gamma Emerging Market Bond ETF provided a 6.72% dividend yield over the last twelve months, with an annual payout of $1.74 per share.


4.00%4.50%5.00%5.50%6.00%6.50%$0.00$0.50$1.00$1.5020242025
Dividends
Dividend Yield
PeriodTTM20252024
Dividend$1.74$1.73$0.95

Dividend yield

6.72%6.50%3.78%

Monthly Dividends

The table displays the monthly dividend distributions for Simplify Gamma Emerging Market Bond ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.13$0.14$0.14$0.41
2025$0.00$0.00$0.40$0.00$0.00$0.40$0.00$0.00$0.40$0.00$0.13$0.40$1.73
2024$0.95$0.95

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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Worst Drawdowns

The table below displays the maximum drawdowns of the Simplify Gamma Emerging Market Bond ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Simplify Gamma Emerging Market Bond ETF was 3.84%, occurring on Apr 8, 2025. Recovery took 23 trading sessions.

The current Simplify Gamma Emerging Market Bond ETF drawdown is 2.80%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-3.84%Mar 3, 202527Apr 8, 202523May 12, 202550
-3.61%Feb 26, 202622Mar 27, 2026
-2.17%Dec 9, 202423Jan 13, 202527Feb 21, 202550
-1.5%Sep 18, 202517Oct 10, 20257Oct 21, 202524
-1.23%Oct 17, 20245Oct 23, 202411Nov 7, 202416

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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